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Home International Customs Thailand

Thailand’s Central Group investing US$200m in Grab

byadmin
31/01/2019
in Thailand
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SINGAPORE: Central Group, which controls Thailand’s biggest shopping mall and department store operator, plans to invest $200 million in ride-hailing giant Grab, people familiar with the matter said.

The deal seals a strategic partnership under which the conglomerate will help Grab expand its business in Thailand, said the people, who asked not to be named because the information is private.

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